15000 Center AveAurora, CO 80012

Property Details for 15000 Center Ave

Year built

2008

Construction

FRAME

Lot size

4.21 AC

Property size (Sq ft)

1,600 SF

Property type

Specialty properties

Property subtype

Other specialty properties

APN

1975-18-1-35-001

APU

197518135001

Description

This exceptional 4.21-acre parcel in Aurora, Colorado (80012), presents a unique opportunity to acquire a partially completed 83-unit townhome development. Located at 15000 E Center Ave, this shovel-ready site boasts fully approved plans, drawings, and studies, including traffic, drainage, and code updates. Significant infrastructure is already in place, featuring a 1,600 square-foot clubhouse, a swimming pool, and an amenity park. All wet and dry utilities (electrical, water, sewer, and mainline infrastructure) are fully installed, with Aurora Water confirming the adequacy of the current water infrastructure provided building footprints remain unchanged. The property benefits from its location within an Opportunity Zone, providing potential tax advantages for investors. Its proximity to the Aurora Metro Center Light Rail Station (R Line) offers convenient access to public transportation. The seller is open to reasonable modifications to the existing plans, allowing for adjustments to unit sizes and other minor changes that do not significantly alter the approved design. This presents a rare chance to capitalize on a well-positioned, partially completed project with substantial value already realized, minimizing development risk and maximizing return on investment. The property is zoned MU-TOD.

• Alternative Use

  Use

  Valuation

  Residential

  $343,743

  Hospitality

  $314,867

  Educational

  $261,966

  Medical

  $270,975

  Retail

  $407,502

Location Insight

City

Aurora

County

Arapahoe

State

Colorado

Latitude

39.7048

Longitude

-104.813

CBSA code

19740

CBSA name

DENVER-AURORA, CO METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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